Swedbank AB Sells 51,383 Shares of AMN Healthcare Services, Inc. (NYSE:AMN)

Swedbank AB lowered its stake in AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) by 34.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 99,500 shares of the company's stock after selling 51,383 shares during the quarter. Swedbank AB owned approximately 0.26% of AMN Healthcare Services worth $2,380,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. FMR LLC grew its stake in AMN Healthcare Services by 152.4% during the 3rd quarter. FMR LLC now owns 4,640,599 shares of the company's stock valued at $196,715,000 after acquiring an additional 2,801,663 shares in the last quarter. Reinhart Partners LLC. purchased a new position in AMN Healthcare Services during the 4th quarter valued at about $12,341,000. Wellington Management Group LLP grew its stake in AMN Healthcare Services by 54.5% during the 3rd quarter. Wellington Management Group LLP now owns 773,015 shares of the company's stock valued at $32,768,000 after acquiring an additional 272,552 shares in the last quarter. Weiss Asset Management LP purchased a new position in AMN Healthcare Services during the 3rd quarter valued at about $10,026,000. Finally, Vaughan Nelson Investment Management L.P. grew its stake in AMN Healthcare Services by 23.6% during the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 1,096,965 shares of the company's stock valued at $46,499,000 after acquiring an additional 209,180 shares in the last quarter. Hedge funds and other institutional investors own 99.23% of the company's stock.

Analyst Ratings Changes

AMN has been the topic of several research analyst reports. BMO Capital Markets lowered their target price on AMN Healthcare Services from $50.00 to $46.00 and set an "outperform" rating on the stock in a research note on Monday, November 11th. Jefferies Financial Group reduced their price target on AMN Healthcare Services from $41.00 to $27.00 and set a "hold" rating for the company in a report on Wednesday, November 13th. JMP Securities reduced their price target on AMN Healthcare Services from $66.00 to $57.00 and set a "market outperform" rating for the company in a report on Tuesday, October 22nd. William Blair lowered AMN Healthcare Services from an "outperform" rating to a "market perform" rating in a report on Friday, November 8th. Finally, Truist Financial reduced their target price on AMN Healthcare Services from $50.00 to $47.00 and set a "buy" rating for the company in a report on Friday, November 8th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $48.33.

AMN Healthcare Services Stock Performance

Shares of AMN stock traded down $0.14 during trading hours on Wednesday, reaching $26.56. 727,257 shares of the company's stock were exchanged, compared to its average volume of 638,089. AMN Healthcare Services, Inc. has a fifty-two week low of $22.47 and a fifty-two week high of $79.74. The stock has a market capitalization of $1.01 billion, a P/E ratio of 19.24 and a beta of 0.07. The business has a fifty day moving average price of $25.99 and a 200-day moving average price of $38.21. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 1.27.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last issued its quarterly earnings results on Thursday, November 7th. The company reported $0.61 EPS for the quarter, topping analysts' consensus estimates of $0.58 by $0.03. The company had revenue of $687.51 million during the quarter, compared to analyst estimates of $670.08 million. AMN Healthcare Services had a return on equity of 17.16% and a net margin of 1.73%. During the same period in the previous year, the company earned $1.97 earnings per share. Analysts predict that AMN Healthcare Services, Inc. will post 3.07 EPS for the current fiscal year.

About AMN Healthcare Services

AMN Healthcare Services, Inc provides healthcare workforce solutions and staffing services to healthcare facilities in the United States. It operates through three segments: Nurse and Allied Solutions, Physician and Leadership Solutions, and Technology and Workforce Solutions. The Nurse and Allied Solutions segment offers travel nurse staffing, labor disruption staffing, local staffing, international nurse and allied permanent placement, and allied staffing solutions.